scholarly journals Understanding the effects of BIM implementation in corporation finance: An empirical study in China

2021 ◽  
Vol 13 (2) ◽  
pp. 2484-2495
Author(s):  
Zhimin Wang ◽  
Jianjun Ma
Keyword(s):  
Positive Impact ◽  
Economic Benefits ◽  
Project Planning ◽  
Information Modeling ◽  
Top Managers ◽  
Building Information ◽  
Effectiveness And Efficiency ◽  
Corporation Management ◽  
Operation Cost ◽  
Current Stage

Abstract Building Information Modeling (BIM) has been acknowledged for promoting effectiveness and efficiency in project planning and management activities including design, bidding, and construction. Yet limited effort has been made to investigate the impacts of BIM implementation on corporate performance. Using the financial information of 314 Architecture, Engineering, and Construction (AEC) companies listed in the A-share market of China, this paper examines the economic benefits of BIM practice and assesses the influential mechanism of BIM implementation at the corporation level. The results reveal that BIM adoption contributes to better corporate profitability, especially in non-state-owned enterprises (non-SOEs). The positive impact of BIM implementation on profitability is achieved by the functions of promoting schedule efficiency and operation cost reduction. However, high initial BIM investment is still required in China's AEC companies at the current stage, and the effectiveness enhancement in corporation management has not been realized. By providing clear empirical evidence of the economic benefits of BIM adoption from a corporation perspective, this study might help improve top managers’ awareness, intention, or support of future BIM utilization in China's AEC companies.

scholarly journals Adopting Building Information Modeling (BIM) for the Development of Smart Buildings: A Review of Enabling Applications and Challenges

2021 ◽  
Vol 2021 ◽  
pp. 1-26
Author(s):  
Ang Yang ◽  
Mingzhe Han ◽  
Qingcheng Zeng ◽  
Yuhui Sun
Keyword(s):  
Building Information Modeling ◽  
New Technologies ◽  
Building Design ◽  
Economic Benefits ◽  
Information Modeling ◽  
Three Dimensions ◽  
Smart Buildings ◽  
Smart Building ◽  
Building Information ◽  
Whole Life Cycle

The construction industry is undergoing a digital revolution due to the emergence of new technologies. A significant trend is that construction projects have been transformed and upgraded to the digital and smart mode in the whole life cycle. As a critical technology for the construction industry’s innovative development, building information modeling (BIM) is widely adopted in building design, construction, and operation. BIM has gained much interest in the research field of smart buildings in recent years. However, the dimensions of BIM and smart building applications have not been explored thoroughly so far. With an in-depth review of related journal articles published from 1996 to July 2020 on the BIM applications for smart buildings, this paper provides a comprehensive understanding and critical thinking about the nexus of BIM and smart buildings. This paper proposes a framework with three dimensions for the nexus of BIM application in smart buildings, including BIM attributes, project phases, and smart attributes. According to the three dimensions, this paper elaborates on (1) the advantages of BIM for achieving various smartness; (2) applications of BIM in multiple phases of smart buildings; and (3) smart building functions that be achieved with BIM. Based on the analysis of the literature in three dimensions, this paper presents the cross-analysis of the nexus of BIM and smart buildings. Lastly, this paper proposes the critical insights and implications about the research gaps and research trends: (1) enhancing the interoperability of BIM software; (2) further exploring the role of BIM in the operation and refurbishment phase of smart buildings; (3) paying attention to BIM technology in the field of transportation infrastructure; (4) clarifying the economic benefits of BIM projects; and (5) integrating BIM and other technologies.

scholarly journals A Study on the Constructivism Learning Method for BIM/IPD Collaboration Education

2020 ◽  
Vol 10 (15) ◽  
pp. 5169
Author(s):  
Juan Jin ◽  
Kyung-Eun Hwang ◽  
Inhan Kim
Keyword(s):  
Positive Impact ◽  
Training Model ◽  
Information Modeling ◽  
Project Delivery ◽  
Control Group ◽  
Hypothesis Model ◽  
Education Theory ◽  
Building Information ◽  
Collaboration Process ◽  
And Control

The purpose of this study is to verify the effectiveness of the constructivism education theory in building information modeling (BIM)/integrated project delivery (IPD) collaboration education by determining education methods that are most relevant to collaboration in the interaction process. We propose a BIM training model that enhances students’ satisfaction in class and collaboration. We aim to identify interrelationships between BIM collaboration education and constructivism theories, examining constructivism methods in BIM/IPD classes to discern which are the most suitable for improving and enhancing collaboration and the proposed education model. A model of the hypothesis “Constructivism Collaboration Process (CCP)” for BIM/IPD collaboration education was derived and a curriculum was created. The hypothesis model was tested by dividing into an experimental group and control group, and finally, prior and post-satisfaction and collaboration level assessments were performed in the BIM and IPD classes. After evaluating and analyzing the improvement in collaboration level and satisfaction, the results were derived for the hypothetical model of the “Constructivism Collaboration Process (CCP)” and the facts that can have a positive impact on BIM/IPD education.

Construction of a 5D duration and cost optimisation model based on genetic algorithm and BIM

2019 ◽  
Vol 17 (5) ◽  
pp. 929-942 ◽  
Author(s):  
Wei He ◽  
Yichao Shi ◽  
Dewei Kong
Keyword(s):  
Genetic Algorithm ◽  
Cost Optimization ◽  
Economic Benefits ◽  
Information Modeling ◽  
Engineering Project ◽  
Pareto Solution ◽  
Content Type ◽  
Construction Period ◽  
Building Information ◽  
Optimization And Simulation

Purpose The construction industry is characterized by a long construction period, high cost and many uncontrollable factors. The owners and contractors are increasingly focusing on the efficiency of their construction and costs in pursuit of greater economic benefits. However, current methods used in the construction period and cost optimization analysis with multiple constraints the have their own limitations. Therefore, this study aims to propose a combination of genetic algorithm (GA) and building information modeling (BIM) to construct a five-dimensional construction duration-cost optimization model with the advantages of optimization and simulation for optimization. Design/methodology/approach This design first analyzed the characteristics of changing construction period and cost and then improved the genetic mechanism and the data processing method in the GA according to the aforementioned characteristics. Then, BIM technology was combined with GA to testify the feasibility of the model in the practical engineering project. Findings The result proved that this new method was reasonable and effective in dealing with the complicated problem of period and cost. GA accelerated the optimization process and yielded a reliable Pareto solution. BIM technology simulated the construction process before construction to increase the feasibility of the construction scheme. Originality/value This method not only can rapidly provide the best construction period/cost decision to the architect according to the previous working period/cost or contract data that can meet the demands of the architect but also visualize the construction and give a dynamic schedule of the project.

scholarly journals Application of BIM technology combined with artificial intelligence in construction management

2021 ◽  
Vol 30 (2) ◽  
Author(s):  
Guoan Wei
Keyword(s):  
Construction Industry ◽  
Raw Materials ◽  
Steel Structure ◽  
Working Hours ◽  
Economic Benefits ◽  
Information Modeling ◽  
Utilization Rate ◽  
Construction Process ◽  
Processing Scheme ◽  
Building Information

The construction industry is a kind of multi-project engineering. The management in the construction process is an important factor in ensuring construction quality. This paper briefly introduced the relevant content of building information modeling (BIM) and the application of BIM combined with the genetic algorithm in optimizing the processing scheme in the cutting process of steel structure buildings, and took a grid-shaped steel shed in Zhengzhou, Henan, as an example to compare the traditional and BIM optimized schemes. The results showed that the BIM-optimized scheme could make better use of raw materials with different specifications and the optimization scheme had higher economic benefits because of higher utilization rate, fewer processing personnel, and fewer working hours

scholarly journals BIM Adoption and Its Impact on Planning and Scheduling Influencing Mega Plan Projects- (CPEC-) Quantitative Approach

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-9
Author(s):  
Ahsan Nawaz ◽  
Xing Su ◽  
Ibrahim Muhammad Nasir
Keyword(s):  
Construction Industry ◽  
Construction Projects ◽  
Positive Impact ◽  
Information Modeling ◽  
Planning And Scheduling ◽  
Building Information ◽  
Efficient Planning ◽  
Shed Light ◽  
Schedule Development

The construction projects in Pakistan have inherent problems of erroneous planning and schedule development. This dilemma has led to the failure of the majority of construction projects in Pakistan. Earlier researches have tried to curtail the increasing spectrum of inaccurate planning and schedule development. But not many research studies have shed light on the major factor of 2D CAD drawings interpretation problems, which are playing a key role in defective planning and scheduling. Moreover, the role of BIM, i.e., Building Information Modeling with respect to efficient planning, has not been also discussed in detail. This study has concluded a positive impact of BIM on effective planning and scheduling in the construction industry of Pakistan. About 210 responses were obtained from experienced construction professionals of Pakistan and tested via regression analysis in order to validate this argument. It has been analyzed that 2D CAD drawings are now getting primitive and 3D technology BIM is taking its place. BIM is an efficient tool for planning and scheduling. With the start of CPEC and Multi-Billion Dollar investment on infrastructure, construction industry of Pakistan needs to uplift its existing standard in order to meet with international requirements. For this purpose, BIM has been recommended. It will not only assist in attaining flawless planning but will also increase the success rate of CPEC projects in Pakistan.

scholarly journals BIM (Building Information Modeling) Education Program in KSA: A Case Study of BIM program at Prince Sultan University

2018 ◽  
Vol 65 ◽  
pp. 04004 ◽  
Author(s):  
TaeYeua Yi ◽  
SukHee Yun
Keyword(s):  
Education Program ◽  
Project Planning ◽  
Information Modeling ◽  
Design Teams ◽  
Education Programs ◽  
Virtual Construction ◽  
Building Information ◽  
Important Position ◽  
Construction Schedule

A variety of BIM education programs have been developed and strengthened for future architects and engineers around the world. BIM education curricula as architecture and civil engineering education programs have held an important position in the education institutes. The purpose of the study is to provide future architects and civil engineers with solid hand-on knowledge about BIM through the understanding of its theoretical and historical backgrounds as well as the practical exercise examples of the related various BIM methods, which also shows the benefits of various BIM processes and methods as used by all relevant stakeholders in the AEC industry, such as clients, design teams, construction manager, contractors and maintenance operators etc. Additionally, the paper introduces other related topics as follows through the case studies at PSU for BIM education program, 1) Create 3D BIM models that extract quantities for estimation purposes on the basis of input resources. 2) Operate construction schedule (4D simulation) for project planning. 3) Explore a virtual construction management process that integrated 3D BIM model with scheduling and costing, what is called, 5D simulation. Through the case study, the paper proposes a BIM education guideline appropriate for KSA.

Building Information Modeling in the Australian Architecture Engineering and Construction Industry

2010 ◽  
pp. 521-545 ◽  
Author(s):  
Alex Gerrard ◽  
Jian Zuo ◽  
George Zillante ◽  
Martin Skitmore
Keyword(s):  
Large Scale ◽  
Building Information Modeling ◽  
Resistance To Change ◽  
Positive Impact ◽  
Information Modeling ◽  
Practical Reasons ◽  
Building Information ◽  
Improved Design ◽  
Design Consistency ◽  
Aec Industry

Building Information Modeling (BIM) is a modern approach to the design, documentation, delivery, and life cycle management of buildings through the use of project information databases coupled with object-based parametric modeling. BIM has the potential to revolutionize the Architecture, Engineering and Construction (AEC) industry in terms of the positive impact it may have on information flows, working relationships between project participants from different disciplines and the resulting benefits it may achieve through improvements to conventional methods. This chapter reviews the development of BIM, the extent to which BIM has been implemented in Australia, and the factors which have affected the up-take of BIM. More specifically, the objectives of this chapter are to investigate the adoption of BIM in the Australian AEC industry and factors that contribute towards the uptake (or non uptake) of BIM. These objectives are met by a review of the related literature in the first instance, followed by the presentation of the results of a 2007 postal questionnaire survey and telephone interviews of a random sample of professionals in the Australian AEC industry. The responses suggest that less than 25 percent of the sample had been involved in BIM – rather less than might be expected from reading the literature. Also, of those who have been involved with BIM, there has been very little interdisciplinary collaboration. The main barriers impeding the implementation of BIM widely across the Australian AEC industry are also identified. These were found to be primarily a lack of BIM expertise, lack of awareness and resistance to change. The benefits experienced as a result of using BIM are also discussed. These include improved design consistency, better coordination, cost savings, higher quality work, greater productivity and increased speed of delivery. In terms of conclusion, some suggestions are made concerning the underlying practical reasons for the slow up-take of BIM and the successes for those early adopters. Prospects for future improvement are discussed and proposals are also made for a large scale worldwide comparative study covering industry-wide participants.

scholarly journals Visualization of Component Status Information of Prefabricated Concrete Building Based on Building Information Modeling and Radio Frequency Identification: A Case Study in China

2019 ◽  
Vol 2019 ◽  
pp. 1-13 ◽  
Author(s):  
Guofeng Ma ◽  
Jun Jiang ◽  
Shanshan Shang
Keyword(s):  
Radio Frequency ◽  
Radio Frequency Identification ◽  
Building Information Modeling ◽  
Economic Benefits ◽  
Information Modeling ◽  
Design Stage ◽  
State Information ◽  
Concrete Building ◽  
Building Information ◽  
Frequency Identification

In view of the problems such as the basic properties, usage, and location of prefabricated concrete building components, which are easy to be omitted, missed, and difficult to query in the field management, this study introduces building information modeling (BIM) and radio frequency identification (RFID) technologies to visualize the state information of prefabricated concrete components, such as component type, manufacturer, location, and temperature. In the design stage, a new RFID family can be built in the actual model in order to solve the lack of definition of RFID family through the Industry Foundation Class (IFC) standard, and the databases of BIM and RFID can be connected with C# language, realizing the effective integration of the two engineering technologies. In the application stage, through the secondary development of Revit, the information connection between PC terminal and RFID equipment is completed, and the component data collected by RFID tags are transmitted to the BIM model to realize the integration and visualization of prefabricated component state information. In this study, the traceability of prefabricated components of prefabricated concrete buildings can be improved, providing a basis for quality responsibility tracking in the later period, reducing unnecessary waste of human and material resources and helping to maximize economic benefits.

scholarly journals Implementation of Building Information Modeling (BIM) in Pakistan Construction Industry

2018 ◽  
Vol 8 (4) ◽  
pp. 3199-3202
Author(s):  
I. A. Bhatti ◽  
A. H. Abdullah ◽  
S. Nagapan ◽  
N. B. Bhatti ◽  
S. Sohu ◽  
...  
Keyword(s):  
United States ◽  
Construction Industry ◽  
Building Information Modeling ◽  
Positive Impact ◽  
Implementation Strategies ◽  
Developed Countries ◽  
Information Modeling ◽  
Online Questionnaire ◽  
The Past ◽  
Building Information

This paper examines the implementation of building information modeling (BIM) in construction industry. Various initiatives and approaches are used in different countries to promote the BIM implementation in their construction industries. The real implementation and use of BIM remains a major concern of the construction industry. This study investigates the implantation of BIM globally, in developed countries and the percentage of implementation of BIM in constriction industry of Sindh, Pakistan. This research demonstrates 131 responses from BIM users regarding BIM implementation whose collaboration aspects produce the highest positive impact. The adopted methodology is an online questionnaire survey and literature review which was conducted to find out the implementation of BIM in construction industries of developed countries. This research reveals that BIM implementation is increasing continuously over the past few years. A Number of developed countries are emerging successful BIM implementation strategies, United States, United Kingdom, Germany, France are generally leading the way. However, according to our study findings, only 11% of industries have implemented BIM in Sindh, Pakistan.

scholarly journals MODELING OF CONSTRUCTION PROCESSES FOR A SPECIFIC OBJECT BASED ON ENVIRONMENTAL PARAMETERS

Vestnik MGSU ◽  
2017 ◽  
pp. 797-803
Author(s):  
Susanna Grantovna Abramyan ◽  
Oleg Vasil’evich Burlachenko ◽  
Oganes Valer'evich Oganesyan
Keyword(s):  
Environmental Sustainability ◽  
Environmental Parameters ◽  
Economic Benefits ◽  
Information Modeling ◽  
Final Conclusion ◽  
Construction Operations ◽  
Building Information ◽  
Specific Object ◽  
Emission Volume ◽  
Construction Schedule

This paper suggests that building information modeling is predominantly aimed at deriving certain economic benefits. The construction schedule is prepared without considering the proper balance in the environment. Due to their complex and diverse nature, construction operations cannot be ideally modeled in terms of environmental sustainability. Still, a reduction of some hazardous impacts is manageable. This paper primarily focuses on the methodology that can be used to calculate the volume of polluting substances emitted during machinery operation. It highlights that during construction of large residential and environmental complexes, when several objects and linear facilities of tens or hundreds kilometers are being built simultaneously, it is especially dangerous to use a fleet of machines and mechanisms. The originality of this paper is underpinned by the conceptually new approach to the environmental basis of the construction processes during building construction. Hazardous emissions are suggested to be calculated using the generally known methodology for determining the maximum amount of technical resources required per shift. Given a known machinery brand, engine capacity and the number of operating shifts of a machine or mechanism, the maximum emission volume can be derived. By comparing the calculation results with the maximum allowable concentrations, the final conclusion can be made regarding the conformity of the construction schedule with the applicable environmental standards.

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